The Budget

Total Project Budget = $1,481,200

What is Included:

•Kerns Group Architects
     –Sean Reilly
•Chamberlain GCs
     –Scott Houston
•Project Management from both companies
•Construction Timeframe 6 + 2 Months:  6 mths construction completion, 2 mths project completion
•Built in Contingency
     –Design:  10%
     –Construction:  10%
     –Reimbursable Expenses:  5%
•Repro/ Copies/ Currier/ Travel
     –Engineering & Architect Fees:  5%

What is not Included:

•Cost Escalation based on world events
•A 5% predicted rise in material pricing as of March
•Tokyo and Mid East = Unknown
•As long as fuel costs continue to escalate everything else follows, as if nothing else a good excuse to charge more
•The following have already gone up
•Drywall, insulation and metal studs.
•Stone and gravel
•Concrete has recently added a per yard fuel surcharge
•On the Horizon:  All petroleum products
•Removed from Scope:
•Limited Landscaping
•Wood Narthex Ceiling
•Re-staining of Sanctuary Ceiling
•Reduction of AV Equipment Cost
•Removed Heated Floor
•Removed Acoustic Quality Glass



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